Page 38 - Pay Magazine s2014

pay awards
Best onlIne or moBIle commerce solutIon
Most e ective solution for driving shopping cart conversion and improving the overall digital shopping experience.
paysafecard
paysafecard, a Paysafe Company
what it is: paysafecard vouchers/PINs sold at retail enable cash consumers to make secure online purchases.
why it works: Helps online merchants reach cash consumers and vice versa. A consumer uses a PIN to make an online purchase, with the amount deducted from her paysafecard account. That consumer can top up the account much like adding value to a mobile phone plan. The program is optimized for use on mobile devices, employs QR codes and features a retail locator.
why it matters: Opens online shopping to more consumers. Not all consumers want to use—or have—credit or debit cards for online transactions, especially as concerns rise about hackers stealing personal nancial data. Using paysafecard for online transactions also helps
consumers budget. In 2015, paysafecard enabled 97 million transactions.
differentiators: The product has a global scope, being used by consumers in more than 43 countries and has a large distribution network of more than 500,000 sales outlets. Protects retailers from chargebacks. Also o ers my PLUS loyalty program and a paysafecard MasterCard prepaid card that can be topped up with paysafecard PINs. Fully optimized for mobile payments, more than 20 percent of transactions are occurring via mobile devices.
what the judges said: After years of building out a global network of physical and online retail partners, paysafecard and its partners are reaping the bene ts—connecting con- sumers and merchants through a simple payment mechanism.
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wInners
More than 500,000 outlets worldwide o er cash-preferred consumers an online payments option with loyalty and mobile features, including retail locator and QR code payments.
MasterPass
MasterCard Worldwide
Emergent Payments Pay+ Platform
Emergent Payments
retail & loyalty